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Nuveen Closed-End Funds Declare Distributions

Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs.

Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions including earnings, undistributed net investment income, and notices please visit http://www.nuveen.com/cef.

The following dates apply to today's monthly distribution declarations for the following tax-exempt and taxable closed-end funds:

Record Date

February 15, 2017

Ex-Dividend Date

February 13, 2017

Payable Date

March 1, 2017

Reinvest Date

March 1, 2017

Monthly Tax-Exempt Municipal Distributions

Monthly distributions from Nuveen's municipal bond closed-end funds are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds are also generally exempt from state and, in some cases, local income taxes for in-state residents. Unless otherwise stated in the funds' objectives, monthly distributions of the municipal funds may be subject to the Federal Alternative Minimum Tax for some shareholders.*

Monthly Tax-Free Distribution Per Share

Change From

Amount

Previous Month

Ticker

Exchange

Fund Name

National

NXP

NYSE

Nuveen Select Tax-Free Income Portfolio

$.0455

-

NXQ

NYSE

Nuveen Select Tax-Free Income Portfolio 2

$.0420

-

NXR

NYSE

Nuveen Select Tax-Free Income Portfolio 3

$.0435

-

NUV

NYSE

Nuveen Municipal Value Fund, Inc.

$.0325

-

NUW

NYSE

Nuveen AMT-Free Municipal Value Fund

$.0600

-

NMI

NYSE

Nuveen Municipal Income Fund, Inc.

$.0405

-

NIM

NYSE

Nuveen Select Maturities Municipal Fund

$.0260

-

NZF

NYSE

Nuveen Municipal Credit Income Fund

$.0740

-

NVG

NYSE

Nuveen AMT-Free Municipal Credit Income Fund

$.0725

-

NMZ

NYSE

Nuveen Municipal High Income Opportunity Fund

$.0675

-

NEV

NYSE

Nuveen Enhanced Municipal Value Fund

$.0680

-

NID

NYSE

Nuveen Intermediate Duration Municipal Term Fund

$.0550

-

NIQ

NYSE

Nuveen Intermediate Duration Quality Municipal Term Fund

$.0415

-

NHA

NYSE

Nuveen Municipal 2021 Target Term Fund

$.0200

-

NEA

NYSE

Nuveen AMT-Free Quality Municipal Income Fund

$.0620

-

NAD

NYSE

Nuveen Quality Municipal Income Fund

$.0680

-

California

NAC

NYSE

Nuveen California Quality Municipal Income Fund

$.0685

-

NKX

NYSE

Nuveen California AMT-Free Quality Municipal Income Fund

$.0655

-

NCA

NYSE

Nuveen California Municipal Value Fund, Inc.

$.0340

-

NXC

NYSE

Nuveen California Select Tax-Free Income Portfolio

$.0495

-

NCB

NYSE

Nuveen California Municipal Value Fund 2

$.0600

-

New York

NRK

NYSE

Nuveen New York AMT-Free Quality Municipal Income Fund

$.0535

-

NAN

NYSE

Nuveen New York Quality Municipal Income Fund

$.0595

-

NXN

NYSE

Nuveen New York Select Tax-Free Income Portfolio

$.0460

-

NNY

NYSE

Nuveen New York Municipal Value Fund, Inc.

$.0315

-

NYV

NYSE

Nuveen New York Municipal Value Fund 2

$.0500

-

Other State Funds

NAZ

NYSE

Nuveen Arizona Quality Municipal Income Fund

$.0570

-

NTC

NYSE

Nuveen Connecticut Quality Municipal Income Fund

$.0505

-

NKG

NYSE

Nuveen Georgia Quality Municipal Income Fund

$.0490

-

NMT

NYSE

Nuveen Massachusetts Quality Municipal Income Fund

$.0560

-

NMY

NYSE

Nuveen Maryland Quality Municipal Income Fund

$.0525

-

NUM

NYSE

Nuveen Michigan Quality Municipal Income Fund

$.0560

-

NMS

NYSE

Nuveen Minnesota Quality Municipal Income Fund

$.0665

-

NOM

NYSE

Nuveen Missouri Quality Municipal Income Fund

$.0560

-

NNC

NYSE

Nuveen North Carolina Quality Municipal Income Fund

$.0465

-

NXJ

NYSE

Nuveen New Jersey Quality Municipal Income Fund

$.0605

-

NJV

NYSE MKT

Nuveen New Jersey Municipal Value Fund

$.0490

-

NUO

NYSE

Nuveen Ohio Quality Municipal Income Fund

$.0585

-

NQP

NYSE

Nuveen Pennsylvania Quality Municipal Income Fund

$.0585

-

NPN

NYSE MKT

Nuveen Pennsylvania Municipal Value Fund

$.0520

-

NTX

NYSE

Nuveen Texas Quality Municipal Income Fund

$.0545

-

NPV

NYSE

Nuveen Virginia Quality Municipal Income Fund

$.0475

-

Monthly Taxable Distributions

Monthly Distribution Per Share

Change From

Ticker

Exchange

Fund Name

Amount

Previous Month

Preferred Securities

JPC

NYSE

Nuveen Preferred Income Opportunities Fund

$.0640

-

JPI

NYSE

Nuveen Preferred and Income Term Fund

$.1505

-

JPS

NYSE

Nuveen Preferred Securities Income Fund

$.0620

-

Floating Rate: Corporate Loans

NSL

NYSE

Nuveen Senior Income Fund

$.0395

-

JFR

NYSE

Nuveen Floating Rate Income Fund

$.0675

-

JRO

NYSE

Nuveen Floating Rate Income Opportunity Fund

$.0705

-

JSD

NYSE

Nuveen Short Duration Credit Opportunities Fund

$.1060

-

JQC

NYSE

Nuveen Credit Strategies Income Fund

$.0525

-

Mortgage-Backed Securities

JMM

NYSE

Nuveen Multi-Market Income Fund

$.0360

-

Taxable Municipal

NBB

NYSE

Nuveen Build America Bond Fund

$.1030

-

NBD

NYSE

Nuveen Build America Bond Opportunity Fund

$.0955

-

Global Debt

JGH

NYSE

Nuveen Global High Income Fund

$.1200

-

High Yield Debt

JHY

NYSE

Nuveen High Income 2020 Target Term Fund

$.0555

-

JHA

NYSE

Nuveen High Income December 2018 Target Term Fund

$.0450

(.0055)

JHD

NYSE

Nuveen High Income December 2019 Target Term Fund

$.0505

-

JHB

NYSE

Nuveen High Income November 2021 Target Term Fund

$.0500

-

Monthly Cash-Flow Based Distributions

Each of the five taxable funds listed immediately below have adopted a cash-flow based distribution program. Potential distribution sources include net investment income, realized gains and return of capital. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of payment which may be viewed at: www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year.

Under a cash-flow based distribution approach, each fund seeks to maintain an attractive and stable regular distribution amount based on the fund's net cash flow received from portfolio investments. Fund distributions are not intended to include expected portfolio appreciation; each fund may invest in securities which have cash flow that ultimately may be fully or partially treated as gains or return of capital for tax purposes. You should not draw any conclusions about a fund's past or future investment performance from its current distribution rate.

The following dates apply to today's monthly cash-flow based distribution declarations for the following closed-end funds:

Record Date

February 15, 2017

Ex-Dividend Date

February 13, 2017

Payable Date

March 1, 2017

Reinvest Date

March 1, 2017

Monthly Distribution Per Share

Change From

Ticker

Exchange

Fund Name

Amount

Previous Month

Preferred Securities

JPW

NYSE

Nuveen Flexible Investment Income Fund

$.1130

-

Mortgage-Backed Securities

JLS

NYSE

Nuveen Mortgage Opportunity Term Fund

$.1135

-

JMT

NYSE

Nuveen Mortgage Opportunity Term Fund 2

$.1125

-

Real Assets

JRI

NYSE

Nuveen Real Asset Income and Growth Fund

$.1100

-

DRA

NYSE

Diversified Real Asset Income Fund

$.1110

-

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. Through the investment expertise of leading asset managers across traditional and alternative asset classes, Nuveen is committed to delivering consultative guidance that aligns with client needs. Securities are offered through Nuveen Securities, LLC, Member FINRA and SIPC. Nuveen is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen website at www.nuveen.com.

The information contained on the Nuveen website is not a part of this press release.

* Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.